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Vastveit Elektronikk AS
AS
Active
Org 995116111
Lagerveien 21, 4033
Stavanger
Manufacture of communication equipment
·
NACE 2630
Est. 2010 · 16 years old
3 employees
www.vel.no
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Norway
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Companies
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Manufacture of communication equipment
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Vastveit Elektronikk AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
6M
5M
3M
2M
0M
2021: 4M
4M
2021
2022: 2M (-50% vs 2021)
2M
-50%
2022
2023: 2M (0% vs 2022)
2M
0%
2023
2024: 4M (+100% vs 2023)
4M
+100%
2024
2025: 5M (+25% vs 2024)
5M
+25%
2025
EBITDA
NOK millions
1M
1M
1M
0M
0M
2021: 1M
1M
2021
2022: 0M (-100% vs 2021)
0M
-100%
2022
2023: 0M
0M
2023
2024: 0M
0M
2024
2025: 1M
1M
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
4 951
4 473
2 133
1 780
4 016
Staff expenses
−1 978
−1 004
−1 120
−828
−835
EBITDA
929
324
76
121
877
Depreciation & amort.
−0
−0
−114
−114
−114
EBIT
929
324
−38
7
763
Net financials
132
151
85
31
10
Profit before tax
1 061
475
47
38
773
Tax
189
55
−0
−0
−0
Net profit
871
420
47
38
773
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
6 285
5 714
5 766
5 511
5 805
Equity
2 106
1 234
3 965
3 918
3 881
Long-term debt
0
0
0
0
0
Short-term debt
4 179
4 480
1 800
1 593
1 924
Total debt
4 179
4 480
1 800
1 593
1 924
Financial ratios
5-year trend
EBITDA margin
18,8 %
This company
15,8 %
Market median
This company
Market median
19% above market
2021
2025
Equity ratio
33,5 %
This company
38,2 %
Market median
This company
Market median
12% below market
2021
2025
Return on equity
41,4 %
This company
18,4 %
Market median
This company
Market median
125% above market
2021
2025
Net profit margin
17,6 %
This company
8,1 %
Market median
This company
Market median
117% above market
2021
2025
Asset turnover
0,79×
This company
1,12×
Market median
This company
Market median
29% below market
2021
2025
Debt / equity
1,98×
This company
0,62×
Market median
This company
Market median
219% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on Vastveit Elektronikk AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
